After a long period of restriction, a major Indian bank has decided to lift its ban on cryptocurrency transactions. This decision comes as a significant boost for the crypto community in India.
For years, the bank had been blocking transactions involving cryptocurrencies, citing regulatory concerns. However, with the evolving legal landscape, the bank has now decided to allow its customers to engage in crypto-related activities.
This development is expected to encourage more individuals and businesses to invest in cryptocurrencies, which has been gaining popularity in India.
The bank\“s move is seen as a positive step towards mainstream acceptance of digital currencies in the country. |
